Posts by SIRIUS TAX GROUP
IRS DELAYS ROLLOUT OF 1099-K COMPLIANCE FOR 2022
The Internal Revenue Service announced a delay in the rollout of its requirement for certain third-party settlement organizations to report on transactions over $600. In accordance with the American Rescue Plan of 2021, third-party settlement organizations (TPSOs) were required to report tax year 2022 transactions on a Form 1099-K to the IRS or the payee…
Read MoreOCTOBER FBAR EXTENSION DEADLINE APPROACHING
If you have a financial interest in or signature or other authority of certain types of accounts outside the United States, or if the aggregate value collectively of these accounts exceed $10,000 at any time during calendar year 2021, you must file an FBAR, or Report of Foreign Bank and Financial Accounts. The Internal Revenue…
Read MoreR.O., CEO, New York
The organization has what it takes to make your vision and wants and dreams a professional reality and I would highly recommend anyone with a vision and goal to utilize the CEO’s EXPERTISE IN BUSINESS, CULTURE, PROFESSIONALISM, AWESOME!!!
Read MoreNew IRS Reporting Standards for CashApp, Venmo, Zelle, Paypal
There’s been alot of talk (and fear) about the new reporting standards for third-party payment apps like CashApp and Paypal. Last year, changes to taw law were put into effect in the American Rescue Plan, which became effective January 1, 2022. These changes are governed by new IRS reporting standards and taxation on certain transactions…
Read MoreA.G., Ethiopia
Thank you so much for getting my wife’s ITIN. This is such good news! I will tell all my friends.
Read MoreYear End Checklist for Business Owners
Year End Checklist for Business Owners So, 2022 is almost here! But have you wrapped up everything you need to in your business? Here’s a checklist to help you close out strongly. 1. REQUIRED ANNUAL MEETING: If you haven’t yet conducted your Annual Board of Directors Meeting or haven’t had a meeting of the members…
Read MoreDHS Announces Countries Eligible for H-2A and H2-B Programs
The Department of Homeland Security (DHS), in consultation with the State Department has announced the lists of countries whose nationals are eligible to participate in the H-2A and H-2B visa programs in the next year. Employers are permitted to hire temporary agricultural and non-agricultural workers to fulfill seasonal, intermittent, one-time or peakload basis. These popular non-immigrant visas allow for initial…
Read MoreIRS: Be Prepared for Natural Disasters
September is National Preparedness Month. The IRS urges taxpayers to be prepared for natural disasters. The continuance and increase in wildfires, flooding and the beginning of hurricane season, taxpayers should ensure they take the steps to develop an emergency preparedness plan. Natural disasters are increasing across the country. While FEMA, state Emergency Management Administrations and…
Read MoreUSCIS Expands Partnership with Social Security Administration
USCIS has announced a directive now in place that should make things a little easier during the adjustment of status application process. Per the website, “applicants filing for lawful permanent resident status are now able to apply for a Social Security number (SSN) or replacement card” in conjunction with the adjustment. Previously, applicants would appear at a local…
Read MoreK.A., Maryland
I’m officially in business now! I especially appreciate the attention to detail you paid when it came to startup and compliance both at federal and state level.
Read MoreT.M., Washington, DC
Thank you for taking care of my nonprofit startup in DC!
Read MoreY.M., Washington, DC
I sincerely appreciate you doing my business startup for me. I didn’t want to deal with DCRA and you handled everything for me. And thank you for helping me with the licensing required.
Read MoreJ.T., Tax Attorney, Maryland
That’s why they call you “The ITIN Lady!”
Read MoreT.R., CEO, North Carolina
You are a terrific presenter. Please post your email. I want to correct you personally. Thanks for what you do.
Read MoreM.M., President & CEO, Texas
Thank you!!!
Read MoreS.F., Principal, North Carolina
Ms. Smith is an effective presenter. She is both passionate and knowledgeable about the subject.
Read MoreA.Y., Partner, Chicago
The presenter was knowledgeable and informative.
Read MoreJ.C., CPA, New Jersey
Great, considering the fact that I do volunteer work at a not for profit immigration center.
Read MoreM.S., Tax Professional, Texas
Thank you very much for an excellent presentation about the IRS’s Certified Acceptance Agent program. Your presentation was very informative and now I have a much better understanding of the program and how it can benefit my clients.
Read MoreJ.P., Philippines
As you know I have an H-1 Visa and I wasn’t sure about this whole process. Thank you for explaining the election to treat my non-resident spouse as a resident for tax purposes. We’ve received her ITIN and a big fat refund! You’re the best Ms. Smith!
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